Business
Andean Precious Metals Provides Update on 2025 Exploration Results at Golden Queen and San Bartolome
Golden Queen Exploration Program Expanded by 3,800 metres Following Positive Results Toronto, On...
About this update from Andean Precious Metals Corp
[{"type":"text","content":"Andean Precious Metals Provides Update on 2025 Exploration Results at Golden Queen and San BartolomeGolden Queen Exploration Program Expanded by 3,800 metres Following Positive ResultsToronto, Ontario--(Newsfile Corp. - October 16, 2025) - Andean Precious Metals Corp. (TSX: APM) (OTCQX: ANPMF) (\"Andean\" or the \"Company\") is pleased to provide an update on its 2025 exploration activities at its Golden Queen mine located in Kern County, California, and San Bartolome operation located in Potosi, Bolivia. 2025 Exploration Program Highlights:Golden Queen Phase 3 program advancing with 4,300 metres of core drilling.3,903 metres drilled at Hilltop (\"HT\" holes) (Please refer to Figure 1 below showing the location of each exploration site) to date; all holes intersected projected veins.Assays confirm mineralized intervals, including:HT25-01: 0.79 grams per tonne (g/t) Au and 3 g/t Ag over 8.0m (drill metres)HT25-03: 1.94 g/t Au and 27 g/t Ag over 4.4mHT25-06 : 1.26 g/t Au and 15 g/t Ag over 5.8m and 5.11 g/t Au and 11 g/t Ag over 1.5mInfill drilling at Starlight Vein planned to support mine-life extension at Main Pit 2.Following the positive results extending mineralization along strike during the Phase 3 exploration program, the Company has approved an additional 3,800 metres of drilling, bringing the total planned drilling to 8,100 metres for 2025.Updated mineral resource and reserve statement, with supporting technical report prepared in accordance with National Instrument 43-101 – Disclosure for Mineral Projects (“NI 43-101”), anticipated in the first half of 2026.San BartolomeSecured environmental exploration permits and social licenses in partnership with COMIBOL.Long-term COMIBOL agreement in place for the purchase of up to 7.0 million tonnes of oxide ore.Exploration underway at Turqui, Tacobamba, Ánimas, Santa Isabel, and Trapiche. (Please refer to Figure 5 - Bolivia Exploration Project Locations)5,500 metres of shallow core drilling to begin in Q4 2025, targeting ~800,000 tonnes grading 150-250 g/t Ag.Program designed to extend mine life and fully utilize the 5,000 tonnes per working day (tpd) mill nameplate capacity without major capital investment.Yohann Bouchard, President, commented, \"Our exploration teams have made strong progress this year at both Golden Queen and San Bartolome. At Gol...